FTI Consulting’s Kenneth Fung and Roderick John Sutton Appointed as Liquidators of NewOcean Energy Holdings Limited

Hong Kong, 8 August 2022 - FTI Consulting, Inc. (NYSE: FCN) announced that Senior Managing Director Kenneth Fung and Special Advisor Roderick John Sutton have been appointed as Liquidators of NewOcean Energy Holdings Limited (the "Company").

On 26 July 2022, (Bermuda time) the Company was wound up by an order of the Court of Appeal for Bermuda (the "Order"). The court ordered Mr. Fung and Mr. Sutton to continue acting as the Joint Provisional Liquidators of the Company (the "JPLs"), with the full powers of a liquidator in a winding-up pursuant to section 175 of the Companies Act 1981 of Bermuda.

Creditors of the Company are invited to contact the JPLs by email at [email protected].

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 7,000 employees located in 30 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.78 billion in revenues during fiscal year 2021. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact: Mollie Hawkes
+1.617.747.1791
[email protected]

Media Contact: Annie Malone
+852.3768.4606
[email protected]

Source: FTI Consulting, Inc.